The shares of large banks are falling. However, the shares of Morgan Stanley and Goldman Sachs that initiated the sale on March 26th lost almost nothing and are growing already. The SEC is investigating the situation.
Tag: Archegos Capital Management
Morgan Stanley and Goldman Sachs sold shares for $19 billion overnight. This huge and emergency liquidation provoked a market slump and falling of the stock price of Chinese IT giants and American media holdings by $35 billion total.